The Real Deal Miami

MGM could build Miami hotel

December 16, 2011 10:30AM

MGM Resorts International may build a hotel in Miami even if the
proposed casino legislation does not pass, according to CEO Jim Murren,
the Miami Herald reported. But the executive said he wouldn’t plan a
large project like the one proposed by Genting, and whatever is built in
Miami needs to be in conformity with community demand. “Florida doesn’t
want Las Vegas and they’re absolutely right,” he said. “To take a Las
Vegas program and drop it into South Florida is a mistake. I think it
would cannibalize existing business and cause tremendous traffic
congestion.” A potential MGM hotel in Miami would have between 300 and
500 rooms, he said, likely using the Bellagio or MGM brands, he said. [Miami
Herald]